Taxes less subsidies on products in Cyprus
Cyprus: Taxes less subsidies on products was 4.49 billion current US$ in 2025. ▲ Rising
Taxes less subsidies on products in Cyprus, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, taxes less subsidies on products in Cyprus stood at 4.49 billion current US$. That is the highest value across all 31 years on record.
The figure is up 6.2% on the previous year and up 81.5% over ten years.
Over the whole period, taxes less subsidies on products in Cyprus peaked at 4.49 billion current US$ in 2025 and was at its lowest, 730.54 million current US$, in 1998.
Cyprus ranks 84th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 788.85 million current US$ | 730.54 million current US$ | 867.66 million current US$ | 5 |
| 2000s | 2.19 billion current US$ | 887.18 million current US$ | 3.81 billion current US$ | 10 |
| 2010s | 2.90 billion current US$ | 2.47 billion current US$ | 3.29 billion current US$ | 10 |
| 2020s | 3.73 billion current US$ | 2.76 billion current US$ | 4.49 billion current US$ | 6 |
Countries ranked near Cyprus
More economy & growth data for Cyprus
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -338.90 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -382.95 million current US$ (2025)
- Taxes less subsidies on products 3.97 billion current LCU (2025)
- Net primary income (Net income from abroad) -4.06 billion current LCU (2025)
- Net primary income (Net income from abroad) -4.59 billion current US$ (2025)
- GNI per capita 32,862 current LCU (2025)
- GNI per capita, Atlas method 36,110 current US$ (2025)
- GNI 32.42 billion current LCU (2025)
- GNI 36.64 billion current US$ (2025)
Frequently asked questions
- What is taxes less subsidies on products in Cyprus?
- Taxes less subsidies on products in Cyprus was 4.49 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Cyprus?
- The highest recorded value was 4.49 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Cyprus?
- The lowest recorded value was 730.54 million current US$ in 1998.
- How does Cyprus rank for taxes less subsidies on products?
- Cyprus ranks 84th out of 198 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Cyprus?
- Over the last ten years it is up 81.5%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.